THE CUBAN MISSILE CRISIS AND THE DEBT CEILING CRISIS.

THE CUBAN MISSILE CRISIS AND THE DEBT CEILING CRISIS. Sandy Levinson says about the Cuban Missile Crisis that: “I also knew that the negotiations with the Soviet Union were a form of kabuki theater without ‘real meaning,'” because he was sure that ultimately an agreement would be reached. Sandy invites applications of this experience to the current debt ceiling crisis. I will respond that I assume that there will be a negotiated settlement, but also that I look at the negotiations as, in Sandy’s apt phrase, “kabuki theater”. I assume that the settlement, as with other settlements where the negotiators want to demonstrate how hard they fought, will be announced after perhaps an all night session or two. However, I also am reminded that the baseball negotiators in 1994 negotiated so hard that the World Series was canceled.

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